ASF GROUP LIMITED — Capital/Financing Update 2022

Jun 21, 2022

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ASF GROUP LIMITED

ACN 008 924 570 Bennelong, 2/3B Macquarie Street Sydney NSW 2000 Telephone: (61 2) 9251 9088 Facsimile: (61 2) 9251 9066 www.asfgroupltd.com

22 June 2022

The Manager Company Announcements Australian Securities Exchange 20 Bridge Street Sydney NSW 2000 via: www.asxonline.com

Dear Sir/Madam

Variation of Loan Facility to Rey

ASF Group Limited (“ ASF” ) announces that it has agreed with Rey Resources Limited (“ Rey ”) for the extension of maturity date of the $2 million loan facility granted to Rey (“ Facility” ) from 31 October 2022 to 31 October 2023.

Saved as aforesaid, all other terms and conditions of the Facility remain the same.

Information about ASF

ASF Group Limited (ASX: AFA) is a diversified investment company with an international outlook and a history of more than 40 years. In an increasingly dynamic global market, we are experienced in spearheading strategic trade and investment between Australia and the world. Our insight and experience with transnational trade and investment allows us to generate value and maximise returns in our focus sectors of property, resources, technology and financial services.

Authorised by the Board of ASF Group Limited.

For further information, please contact: William Kuan Company Secretary ASF Group Limited Ph: +612 9251 9088